{"id":148409,"date":"2025-02-02T10:36:04","date_gmt":"2025-02-02T08:36:04","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=148409"},"modified":"2025-02-02T10:36:04","modified_gmt":"2025-02-02T08:36:04","slug":"bitcoin-drops-below-100k-as-market-weakness-grows","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-drops-below-100k-as-market-weakness-grows\/","title":{"rendered":"Bitcoin Drops Below $100K as Market Weakness Grows"},"content":{"rendered":"<p>The leading cryptocurrency is now trading at $99,640, reflecting a 2.4% decline over the past 24 hours and a 5.1% drop over the week. Trading volume has also declined, standing at $36 billion, which is 16% lower than the previous day\u2019s activity. <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin\u2019s<\/a> <\/strong>market capitalization has now fallen to $1.975 trillion. Only on Binance, the flagship cryptocurrency still trades above $100,000.<\/p>\n<p>The broader crypto market is also facing losses, with the total market capitalization down 3.94% in the past 24 hours to $3.37 trillion. <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a> <\/strong>has dropped to $3,100, marking a 5% decline for the day and nearly 7% over the past week. Trading volume for Ethereum is currently at $24 billion, while its market cap stands at $373 billion.<\/p>\n<p>Among individual tokens, Virtuals Protocol (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/virtual-protocol\/\">VIRTUAL<\/a><\/strong>) has been the worst performer in the past 24 hours, plummeting 17.6% to $1.62, with a staggering 35% loss over the past seven days. The market downturn has also triggered $528.62 million in <strong><a href=\"https:\/\/www.coinglass.com\/LiquidationData\" target=\"_blank\" rel=\"nofollow\">liquidations<\/a> <\/strong>in the last 24 hours, with long positions accounting for $469.87 million and short positions for $58.75 million.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/binance-founder-claims-europe-needs-bitcoin-in-its-reserves\/\" title=\"Binance Founder Claims Europe Needs Bitcoin in Its Reserves\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/07\/bitcoin-europe-etf-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Binance Founder Claims Europe Needs Bitcoin in Its Reserves<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Technical indicators suggest further downside, as TradingView\u2019s one-day analysis presents a strongly bearish outlook. The summary, moving averages, and oscillators all indicate a \u201csell\u201d at 10, 8, and 2, respectively. With declining trading activity and increasing liquidations, the market remains under pressure, raising concerns about further volatility ahead.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has dropped below the $100,000 mark after maintaining its position above the milestone for a while.<\/p>\n","protected":false},"author":9,"featured_media":14095,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72],"class_list":["post-148409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Drops Below $100K as Market Weakness Grows<\/title>\n<meta name=\"description\" content=\"Bitcoin has dropped below the $100,000 mark after maintaining its position above the milestone for a while.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-drops-below-100k-as-market-weakness-grows\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Drops Below $100K as Market Weakness Grows\" \/>\n<meta property=\"og:description\" content=\"Bitcoin has dropped below the $100,000 mark after maintaining its position above the milestone for a while.\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-02T08:36:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitcoin-red-1.jpg\" \/>\n\t<meta property=\"og:image:width\" 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